Friday, November 21, 2008

Adnoc sets term naphtha premium 75%-80% lower

Asia's third-largest supplier - Abu Dhabi National Oil Co (Adnoc) has announced its January-December 2009 term naphtha premium at $3-5/ton FOB Middle East. Adnoc's pentane-plus naphtha has been offereed at US$5/ton premium, low-sulphur naphtha at US$4/ton premium and splitter naphtha at US$3/ton premium.

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